{"schema_version":"secwatch.filing_event.v1","accession":"0001057877-23-000071","form_type":"8-K","ticker":"IDA","cik":"0001057877","company_name":"IDACORP INC","filed_at":"2023-12-11T23:59:59+00:00","discovered_at":"2026-05-14T18:03:28.067130+00:00","generated_at":"2026-06-07T14:38:51.337296+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"IDACORP and Idaho Power enter $500M in new credit facilities maturing 2028","bullets":["IDACORP's new $100M revolving credit facility matures Dec 8, 2028, replacing 2015 facility.","Idaho Power's new $400M revolving credit facility also matures Dec 8, 2028, replacing 2015 facility.","Facilities provide for swingline loans and letters of credit; used for general corporate purposes and commercial paper backup.","IDACORP may increase its facility to $150M; Idaho Power may increase to $600M, with extension options.","Both facilities include a leverage ratio covenant of ≤ 0.65 and customary events of default."],"urls":{"canonical":"https://secwatch.observer/filing/0001057877-23-000071","json":"https://secwatch.observer/filing/0001057877-23-000071.json","markdown":"https://secwatch.observer/filing/0001057877-23-000071.md","text":"https://secwatch.observer/filing/0001057877-23-000071.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1057877/000105787723000071/0001057877-23-000071-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/49648/000105787723000071/ida-20231208.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T14:38:51.337296+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"212a657f20602a08681f043c9038ce85e0106b87","claim":"IDACORP INC incurred revolving credit of $100 million revolving line of credit with Wells Fargo Bank, National Association at floating rate that is equal to the highest of the prime rate, federal funds rate maturing 2028-12-08.","evidence_excerpt":"The IDACORP Facility is a $100 million revolving line of credit that matures on December 8, 2028.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1057877/000105787723000071/0001057877-23-000071-index.htm","confidence":0.98,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$100 million revolving line of credit"},{"label":"Counterparty","value":"Wells Fargo Bank, National Association"},{"label":"Rate","value":"floating rate that is equal to the highest of the prime rate, federal funds rate"},{"label":"Maturity","value":"2028-12-08"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"bd4294b75e7cef48701907835980bfdeef2ccd59","claim":"IDACORP INC incurred revolving credit of $400 million revolving line of credit with Wells Fargo Bank, National Association at floating rate that is equal to the highest of the prime rate, federal funds rate maturing 2028-12-08.","evidence_excerpt":"The IPC Facility is a $400 million revolving line of credit that matures on December 8, 2028.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1057877/000105787723000071/0001057877-23-000071-index.htm","confidence":0.98,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$400 million revolving line of credit"},{"label":"Counterparty","value":"Wells Fargo Bank, National Association"},{"label":"Rate","value":"floating rate that is equal to the highest of the prime rate, federal funds rate"},{"label":"Maturity","value":"2028-12-08"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"2599914b5bc06d3914aa2938ab411b9dc0b889b5","claim":"IDACORP INC entered into Idaho Power Credit Facility with Wells Fargo Bank, National Association; JPMorgan Chase Bank, N.A.; and other financial institutions valued at $400 million revolving line of credit, maturing December 8, 2028 (effective 2023-12-08).","evidence_excerpt":"On December 8, 2023, Idaho Power Company (“IPC”) entered into a Credit Agreement (the “IPC Facility” and together with the IDACORP Facility, the “Facilities”) with the Lending Parties.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1057877/000105787723000071/0001057877-23-000071-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Wells Fargo Bank, National Association; JPMorgan Chase Bank, N.A.; and other financial institutions"},{"label":"Value","value":"$400 million revolving line of credit, maturing December 8, 2028"},{"label":"Effective","value":"2023-12-08"}],"fact_type":"material_agreement"},{"claim_id":"2f5d206037b42e01db831398b074799ab2380437","claim":"IDACORP INC entered into IDACORP Credit Facility with Wells Fargo Bank, National Association; JPMorgan Chase Bank, N.A.; and other financial institutions valued at $100 million revolving line of credit, maturing December 8, 2028 (effective 2023-12-08).","evidence_excerpt":"On December 8, 2023, IDACORP, Inc. (“IDACORP”) entered into a Credit Agreement (the “IDACORP Facility”) with Wells Fargo Bank, National Association, as administrative agent, swingline lender, and LC issuer; JPMorgan Chase Bank, N.A., as syndication agent and LC issuer; and the other financial institutions party thereto, as lenders (collectively, the “Lending Parties”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1057877/000105787723000071/0001057877-23-000071-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Wells Fargo Bank, National Association; JPMorgan Chase Bank, N.A.; and other financial institutions"},{"label":"Value","value":"$100 million revolving line of credit, maturing December 8, 2028"},{"label":"Effective","value":"2023-12-08"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}